Posting a letter in Australia is about to cost more, with the basic postage rate scheduled to increase from $1.00 to $1.10 in January next year, following the ACCC’s decision not to object to a draft proposal from Australia Post to increase postage prices.
As snail mail becomes less and less relevant, Australia Post - looking to stem financial significant losses and a rapid decline in regular mail volumes – is now set to gain the green light from the competition watchdog to increase basic postage rates by 30 cents to $1.
In the face of a continuing rapid decline in ordinary mail volumes, losses in its mail devliery business and planned voluntary staff redundancies, Australia Post is proposing an increase in the cost of its ordinary letter services, including stamps.
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